Volume Delta MAs

This script analyzes the trend and momentum of buy vs. sell pressure over time by applying moving averages to volume delta.

⚙️ Key Components:

vd: Volume Delta = Buy Volume − Sell Volume.

fast, medium, slow: User-defined lengths for three different EMAs (100, 200, 500 by default).

📊 What It Does:

Computes Exponential Moving Averages (EMAs) of the delta to smooth short-, medium-, and long-term shifts in orderflow.

Plots

fastMA (Red): Tracks short-term shifts in buy/sell pressure.

mediumMA (Orange): Mid-term trend.

slowMA (Green): Long-term buy/sell dominance.

📈 Use Case:

Detect sustained buying or selling pressure.

Identify trend reversals, divergences, or volume-based confirmation of price moves.

Useful for orderflow-based swing or intraday strategies.